CSE: $SUNN, OTCQX: $SUUNF
SolarBank Corporation stands as an enticing and promising investment opportunity. Leveraging a track record spanning over a decade, the company boasts a diverse and accomplished portfolio in the solar energy sector. Its unwavering dedication to sustainability aligns with the growing global focus on environmental responsibility. SolarBank’s strategic growth initiatives position it as a key player in the expanding clean energy landscape. As the world embraces renewable energy sources, SolarBank taps into a thriving solar energy market, offering investors the prospect of both financial gains and a brighter, more sustainable future.

Company Overview:
- SolarBank Corporation is a developer, owner, and operator of distributed solar power plants across North America.
- It specializes in behind-the-meter solar plants, community solar gardens, and utility-scale solar farms.
- The company emphasizes environmental, social, and governance (ESG) best practices.
Financial Highlights:
- Completed a successful Initial Public Offering (IPO) raising $6,037,500.
- Reported revenue of $9.2 million for a nine-month period.
- Net income for the period was $3.4 million.
- Had cash and short-term investments of $10.3 million.
- Revenue guidance for the fiscal year ending June 30, 2023, is between $17 million and $20 million.
Share Structure:
- SolarBank Corporation maintains a notably tight and well-structured share configuration, which is indicative of prudent corporate governance and a focus on shareholder value.
- A tight share structure is advantageous for investors because it minimizes the risk of excessive dilution, ensuring that each common share retains its relative value.
- It also reflects management’s commitment to prudently manage the company’s capital structure to enhance shareholder returns over the long term.

Operational Achievements:
- Completed numerous solar projects, including community solar and behind-the-meter installations.
- Secured significant incentives and funding from organizations like NYSERDA.
- Entered into partnerships to develop solar energy projects for agriculture and commercial markets.
- Acquired interests in various solar projects in New York.
Expansion and Future Plans:
- Plans to expand into new markets and technologies.
- Transitioning into an Independent Power Producer (IPP) model by retaining ownership of select solar projects and selling energy to utilities, governments, or end-users.
- Received conditional approval to list its common shares on the Canadian Securities Exchange (CSE).
Market Recognition:
- Added to the CSE25™ Index, which includes the 25 largest companies by market capitalization on the Canadian Securities Exchange.
- Began trading on the OTCQX International tier under the symbol $SUUNF.
Battery Energy Storage Projects:
- Awarded battery storage projects by Ontario IESO with guaranteed capacity payments.
- Battery projects involve 4.99 MW discharge capacity, four-hour duration, and lithium-iron-phosphate technology.
Strategic Investments:
- Acquired limited partnership units in renewable energy project developer Solar Flow-Through Funds.
- Focused on expanding into the United States, battery storage, and electric vehicle charging systems.
Community Solar Projects:
- Completed and sold multiple community solar projects, including a 3.5MW project in Portland, New York, and a 7MW project in Richmond, New York.
- Achieved commercial operation on various community solar and BTM solar projects.
- Committed to providing clean energy solutions and reducing carbon emissions.
Fundraising and Investment:
- Filed a shelf prospectus allowing offerings of up to C$200 million in common shares, warrants, and other securities.
- Established an at-the-market equity program (ATM Program) to issue common shares worth up to $15,000,000 to the public.
Insider Participation:
- Richard Lu, the CEO of SolarBank Corporation, has demonstrated strong confidence in the company’s potential.
- Personally purchasing shares at prices as high as $8.77, while the current stock price stands at $8.25.

Industry Partnerships:
- Partnered with organizations like RED Renewables for co-development agreements.
- Awarded contracts to suppliers like Polar Racking and Hewitt Young Electric for solar project components.
Community and Job Creation:
- Focused on job creation and supporting local communities.
- Empowering farmers and promoting sustainability through solar projects.
In summary, SolarBank Corporation offers a compelling investment opportunity with a decade of success, a strong commitment to sustainability, strategic growth plans, robust financials, a tight share structure, and strong insider participation. This unique blend promises both financial returns and a greener future, making SolarBank an exceptional investment choice. With a focus on expanding its renewable energy portfolio and driving positive environmental impact, SolarBank is well-positioned to capitalize on the growing demand for clean energy solutions, further enhancing its investment appeal.